The Esaba Charitable Foundation

Analysis

The Esaba Charitable Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in September 2020, 6 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Esaba Charitable Foundation reported income of $197k and spending of $26k, leaving 87% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $197k (+252%), an average of +252% a year. The sharpest change came in the year to December 2023, when income rose by 252%. Over the whole period it spent 10% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Esaba Charitable Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 52nd percentile within MN. Charities of a similar size with the same main cause include Ahoskie Rural Volunteer Fire Department Inc ($197k), John Barker Basketball League Inc ($197k) and Care Consistency Foundation Inc ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $238k against liabilities of $0, net assets of $238k.